economic crisis are the main reasons for businesses to increase
salaries for their employees.
The results of a
salary survey conducted by Mercer, one of the world leading providers of
human resource consultancy services and Vietnam’s TalentNet
Corporation announced on October 7 showed that the average salary
increase in 2010 is 12.4 percent, nearly 0.2 percent higher than last
year’s figure.
Chemical and banking sectors saw
the highest salary increase of 13.9 percent, followed by the
pharmaceutical sector with 13.5 percent.
The survey, which was conducted at 253 joint venture and foreign-invested
companies, also reported that salaries increases were seen in almost all
businesses.
The rate of surveyed businesses
that did not increase salaries for employees dropped to 0.79 percent
from 13 percent in 2009. This shows that companies are now paying more
attention to salary policies as well as methods to attract and keep
human resources.
The voluntary resignation rate
in 2009 also fell 3.1 percent compared to the previous year to 13.3
percent, proving the stability of the labour market.
The Mercer salary report, which has been conducted in Vietnam
since 1999, provides businesses with bases to compare their salaries
with the market in order to put forth more effective salary polices./.
No comments:
Post a Comment